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, and remember, it is something the obama administration told john boehner they were willing to trade away back in the 2011 negotiations. if republicans end up getting it, that will feel like a big win for them. enough to unlock the tax deal. i'm not saying the final negotiation here will be easy. one thing that's a tough sticking point in negotiations is the debt ceiling. we begin with that tonight, which the white house wants to get rid of that forever. there's not been a lot of republican movement on the forever deal. i'm not saying they are not going to get to a deal before the deadline, but don't be fooled by the posturing. there is a sailboat. it's coming clearer. joining us is the former budget director for the obama administration. vice chairman of global bang banking at citigroup, a veteran of these negotiations. thank you for being here on a friday night. >> good to be with you. >> peter, you have been in a lot of these negotiations. you've been in there, seen how they go. what is your take right now? >> i think as you pointed out, it's still early. it's december 7th. both sides would
the unemployment rate under president obama's administration. which of the president's policies have helped the most in this? >>. well very crucial to this has been his decision to get congress to extend unemployment benefits surprisingly. because when people have the money are spending it back in the economy. every 50th person you meet statistically only has food stamps today as income. and that's the result of these years of the republicans policies. so having unemployment and extendsing benefits next year would be important to bring the number down and having businesses hire more people because they have customer with money. >> if congress failed to pass the recovery act, the center on budget and policy priorities says we have added almost 1 million more jobs because of the stimulus package. why are the republicans fighting stimulus spending now? why? is it they don't want to see president obama succeed or do they believe spending more money is not the right thing to do? >> i think both of those are true. they do not want him to succeed. there's no question about that. they are certain s
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